Global Trade Alert
Global Trade Alert

Italy: Introduction of financial grant to support the construction of a semiconductor plant in Sicily

Announcement

05 Oct 2022

In October 2022, the European Commission approved a financial grant measure in favour of STMicroelectronics to support the construction of a semiconductor plant in Catania, Sicily.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

05 Oct 2022

Revocation date:

No revocation date

Financial grant In force

On 5 October 2022, the European Commission approved a EUR 292.5 million (USD 288 million) financial grant measure from Italy. The measure will support the semiconductor manufacturer STMicroelectronics...

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